Playa Del Rey, CA 90293,7718 Paseo Del Rey
Playa Del Rey, CA 90293,7718 Paseo Del Rey
Playa Del Rey, CA 90293,7718 Paseo Del Rey
42
$3,375,000
$3,495,000
3.4%
Est.Price: ?

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14 BD
11 BA
7,786 SqFt

7718 Paseo Del Rey Playa Del Rey, CA 90293

Est. payment /mo
SOLD DATE : 12/20/2022

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Key Details

Sold Price $3,375,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,786 sqft

Price per Sqft $433

MLS Listing ID 22-209999

Bedrooms 14

Year Built 1962

Lot Size 8,839 Sqft

Property Sub-Type Multi-Family

Property Description

We are pleased to present for sale 7718 Paseo Del Rey in Playa Del Rey, CA. This charming 8-unit building has been family owned for decades. It is maintained by a professional management company and has been lovingly cared for over the years. Paseo is situated on a quaint, tree-lined street nestled off of a quiet stretch of Manchester Ave. that gives tenants direct access to all the Westside has to offer. With such close proximity to both Silicon Beach and Loyola Marymount University, tech employees and students alike will find this convenient Playa Del Rey location to be more than ideal. This combination of location, convenience, seclusion, and charm is a definite rarity and the primary reason why this investment opportunity presents incredible upside potential. Units consist of one 3-bed/2-bath, two 2-bed/2-bath, two 2-bed/1-bath, and three 1-bed/1-bath units. There is a courtyard with beautiful landscaping, a laundry room, and rear parking for all units. The soft story retrofit has been completed and a new roof was installed just last year. This is truly a turnkey gem with great long term financial prospects.

Location

State CA

County Los Angeles

Area Playa Del Rey

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Other

Fireplaces Type Living Room

Equipment Other, Dishwasher

Laundry Community

Exterior

Parking Features Carport

Garage Spaces 8.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by REMAX COMMERCIAL & INVESTMENT REALTY
Bought with Tony Azzi

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agent

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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